Many small businesses let compliance slip through the crack, which can have major consequences. Learn how LegalZoom can help you stay compliant and save you major headaches.
Ready to start your business? Plans start at $0 + filing fees.
updated September 1, 2023 · 2min read
Small business owners wear many hats, from formation documents and payroll to marketing and sales. One that very often gets overlooked is compliance with the deadlines for filing the necessary reports with your state (typically on an annual basis).
In most states, it's a legal must for businesses to file ongoing reports. Typically, the state requires you to do this annually to ensure they have the latest information on your company, including its name, address, and managers. If you fail to file these annual reports, your company could fall out of good standing. Companies not in good standing may risk penalties and fees, and ultimately having their entities suspended by their state.
LegalZoom has a solution for staying on top of your annual reports and other mandatory filings: Total Compliance. This solution helps you keep your business in good standing and is personalized to your business and your state.
LegalZoom's Total Compliance includes the filing of your annual reports (if necessary in your state) and Compliance Calendar, which creates a tailored calendar to keeps track of important filings dates. Note that tax-related reports are not filed as part of Total Compliance.
If LegalZoom misses a deadline, you have a compliance guarantee that will pay your fine or penalty.
When it's time to begin preparing for something, like an annual report or income tax deadlines, Total Compliance Alerts notifies you in time to meet your filing dates, so you can avoid paying any late fees or fines.
And when you need to record an important meeting, the Total Compliance Minutes Manager provides an easy way to track it. It also tracks notices and resolutions so you can stay compliant.
If you have a small or mid-size business, don't have the time or expertise to figure out what you should file and when, would rather be able to manage minutes or filings with a few clicks, and don't want to worry about falling into noncompliance, LegalZoom's Total Compliance is probably for you.
For more than 20 years, LegalZoom has made legal services accessible and affordable. They have helped entrepreneurs turn ideas into businesses more than two million times; let them help you too.
by Diane Faulkner
Diane Faulkner is a ghostwriter, content marketing strategist, and editor based in Jacksonville, Florida. She special...
By knowing what other trademarks are out there, you will understand if there is room for the mark that you want to protect. It is better to find out early, so you can find a mark that will be easier to protect.
September 27, 2023 · 4min read
Considering an LLC for your business? The application process isn't complicated, but to apply for an LLC, you'll have to do some homework first.
September 6, 2023 · 11min read
Setting up a power of attorney to make your decisions when you can't is a smart thing to do because you never know when you'll need help from someone you trust.
September 7, 2023 · 14min read